football.fun's upcoming IDO is being launched simultaneously on multiple platforms, with an official announcement of detailed token distribution plans. The project's initial FDV is set at around $60 million, with 50% of TGE released at launch and the remaining portion unlocked linearly over 6 months. Based on the return-on-investment logic, calculating with an FDV of $120 million, doubling the opening price can cover the costs.
Legion's allocation rules are worth noting. Up to 50% of the allocation is tilted towards community members and long-term supporters, that is, users who have had actual interactions, reflecting incentives for ecosystem contributors. In comparison, this distribution mechanism is more community-friendly and clearly benefits users with high participation.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
9 Likes
Reward
9
6
Repost
Share
Comment
0/400
wrekt_but_learning
· 12-18 20:27
Starting at 60 million, double to break even? Dream on, I've seen too many tricks like this before.
50% to the community? Sounds good, but it all depends on whether there's truly any real tilt in practice.
View OriginalReply0
GasFeeCryer
· 12-18 16:16
60 million to 120 million, claiming such a doubling potential is a bit exaggerated...
I'm actually interested in the 50% allocated to the community, but the issue is that you need to prove you have interaction records, right?
Whether it can double at opening depends on the order book; this kind of "covering costs" statement sounds a bit questionable.
View OriginalReply0
ContractTearjerker
· 12-17 17:15
It's the same old story, 50% community bias. I've heard it too many times, and in the end, it's just institutions taking advantage of retail investors.
View OriginalReply0
MaDevelopmentDevelopme
· 12-16 21:21
Hello, please leave a message for the developers, urging them to launch on major exchanges quickly. If you're not strong enough yourself, work with the talks to become the decision-maker.
View OriginalReply0
AirdropHustler
· 12-16 08:50
50% to the community? Sounds pretty good, but I've heard this kind of promise too many times...
Doubling at open to break even—that's quite a gamble.
This break-even logic is pretty fancy; the real profit depends on how the whales cut.
The distribution is so well done, it's a bit scary.
Long-term supporters... do I count? I just want to catch a bargain.
View OriginalReply0
OfflineNewbie
· 12-16 08:49
It's IDO again, unlocks again, FDV again. Honestly, it still depends on how the secondary market performs.
Can it really double? I've heard this kind of talk quite a bit...
50% for the community? That sounds quite fair, but I always feel there's some ambiguity about who qualifies as a community member.
football.fun's upcoming IDO is being launched simultaneously on multiple platforms, with an official announcement of detailed token distribution plans. The project's initial FDV is set at around $60 million, with 50% of TGE released at launch and the remaining portion unlocked linearly over 6 months. Based on the return-on-investment logic, calculating with an FDV of $120 million, doubling the opening price can cover the costs.
Legion's allocation rules are worth noting. Up to 50% of the allocation is tilted towards community members and long-term supporters, that is, users who have had actual interactions, reflecting incentives for ecosystem contributors. In comparison, this distribution mechanism is more community-friendly and clearly benefits users with high participation.